$BTC today‼️

The Bitcoin price has recovered to the conditional trading channel boundaries. "The medium-term scenario is that the Bitcoin price tests the lower boundary of the trading channel at $120,000-fear_greed". The trading idea is close to implementation.

On 07/31/2025, the trading channel boundaries were broken, then a three-wave correction model was formed, then a formation was formed - a double bottom and the price resumed its upward movement.

At the opening of the week, I expect a small correction (due to option outflows - strikes $115, $117,119).

However:

- no liquidations of abnormal short trades;

- no large Bitcoin inflows to exchanges;

- a drop in realized profit indicators;

increase the likelihood of pumping the Bitcoin price in the coming weeks, which means that the implementation of the presented trading idea in the Bitcoin price snapshot is high.

Note the change in the 200MA moving average indicators towards growth, which indicates renewed interest of traders in the asset.

Profit to all💰💪